Although purchase order finance is not a new product, many traditional lenders do not realize that it has changed with the times and offers new options. Edward King explains how PO finance companies can partner with lenders to create innovative solutions for borrowers.
The retail landscape has changed and savvy retailers are adapting their businesses to meet the needs of 21st century consumers. Glenn Sniezek explains the signs that lenders should look for to determine if a retailer is worthy of continued support or if the cord needs to be cut.
An attorney who advises lenders has the ability to offer more than legal advice to help these clients. Lon Singer examines the many facets of lender relationships with counsel.
Public sector and non-profit organizations are generally considered less fiscally efficient than private sector organizations and often appear to struggle financially. Can turnaround firms help these organizations improve their financial operations? Mark Howard has worked with public sector and non-profit organizations for decades, and he shares why he thinks the answer is a “qualified yes.”
SOFAs originated in the non-bank ABL sector as a way for independent firms to differentiate themselves from bigger banks. But, as Charlie Perer writes, with more and more bank-ABLS embracing SOFAs, it is the large institutional lenders that have been crowned the SOFA kings
A restructuring can seem overwhelming at the onset, especially in the wake of a potential bankruptcy or sale. Patrick Walsh breaks down how a turnaround can be accomplished step by step, showing how even a troubled company can find stability in as little as three months.
The fashion industry is fickle at the best of times, and combining a fashion brand with retail stores is proving a recipe for disaster. AlixPartners was called in to save BCBGMaxAzria. Thanks to a dedicated turnaround team led by Holly Etlin and a nimble professional team, the company passed through Chapter 11 and has moved on to a successful second life.
From photocopiers to trucking technology to equipment financing, Edward Siciliano has seemingly spent time selling a little bit of everything. And as the new CEO of CAN Capital, he’s looking for ways to apply his marketing background to the data-driven world of fintechs.
As fintech companies start counting their birthdays in the double-digits, both traditional lenders and regulatory bodies have had to accept the world rapid online lending has created. Ken Brause of OnDeck, Eyal Lifshitz of BlueVine and Sebastian Rymarz of Fundbox sat down with ABF Journal to take stock of the past decade or so in the fintech world, discuss some of the changes seen in 2018 and speculate on what the future may hold for the industry.